The 2012 BMW M5? Here it is in the "concept" form that will make its official debut later this month at the Shanghai Motor Show, courtesy of photos leaked from an embargoed preview event held this weekend in Germany.

As is BMW's wont when it comes to these things, "concept" simply means, "This is exactly what the production car looks like, and we'll reveal the rest of the juicy details at a future date. And maybe the production wheels won't be black."

Of course, some stuff related to the F10 M5 is pretty much set in stone already, courtesy of Chris Harris' first drive for Evo magazine.

The twin-turbo V8 should out-power the one in the X6M, which makes 546 horsepower.

Snap judgement: this is the best-looking BMW M vehicle since the E39 M5, and whatever BMW's cooked up underhood should have no problem backing up the looks. Stay tuned for more info on the BMW Concept M5 as we receive it.